Tuesday, December 01, 2009

And Speaking Of The S&P 500

Two factoids I heard just a few minutes ago on CNBC.  {No idea if they are correct, but I'm passing on what I heard.

1) S&P 500 is up 21.4% this year.
2) S&P 500 would have to return 12.14% this month just for the index to break even THIS DECADE!  Talk about a lost era!.

*Long ETFs related to the S&P 500 for client and personal accounts.

PS.  CNBC reported on this same statistic this afternoon while also saying that this would be the first decade EVER that the index will have posted a decline!

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